| Date | Time | Source | |
| 09/14/2009 | 12:50PM | DJN | UPDATE: Rio Tinto Sells Stake In Alcan Eng Product Division
Anglo-Australian miner Rio Tinto PLC (RTP) Monday said it sold a majority stake in its Alcan Engineered Products cable division to a private equity group, the first step toward breaking up and divesting the entire Engineered Products business. Rio sold a 56% stake in the cable division to U.S. private equity group Platinum... More...>> |
| 09/14/2009 | 11:44AM | DJN | Rio Tinto Sells Cable Division Stake To Private Equity Group
Anglo-Australian miner Rio Tinto PLC (RTP) Monday said it sold a 56% stake in one of its Alcan Engineered Products divisions to a private equity group, the first step toward divesting its entire engineered products business. Rio sold the stake in its cable division to U.S. private equity group Platinum Equity LLC for an... More...>> |
| 09/14/2009 | 11:38AM | DJN | Rio Tinto Divests 56% Of Cable Division Of Alcan Eng Prod
Rio Tinto PLC (RIO.LN), an international mining group, said Monday it has agreed to the sale of 56% of its Cable division to Platinum Equity L.L.C., thereby taking the first step in divesting its downstream Alcan Engineered Products business. MAIN FACTS: -Terms of sale are confidential. -Rio Tinto Alcan will remain key... More...>> |
| 08/05/2009 | 9:45AM | DJN | EU Clears Platinum To Buy Car Parts Co Delphi
The European Commission Wednesday cleared the private equity company Platinum Equity LLC to buy parts of U.S. auto supplier Delphi Corp. Delphi (DPH), which was spun off from General Motors Corp. (GM) in 1999 and filed for bankruptcy in 2005, plans to sell most of its global operations to Platinum Equity. -By Peppi Kiviniemi... More...>> |
| 07/10/2009 | 6:11PM | DJN | Delphi Gets No Cash Offers; JPMorgan May Pursue Credit Bid
DOW JONES NEWSWIRES Delphi Corp. (DPHIQ) said no companies offered to top the U.S. auto-parts supplier's government-orchestrated deal with buyout firm Platinum Equity LLC by Friday's deadline, though lender JPMorgan Chase & Co. (JPM) may make a credit bid by next week. The deadline for credit bidding by JPMorgan or... More...>> |
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